Over the years, Formula has evolved from a pure-bred racing boat manufacturer to a builder of luxurious performance cruisers featuring advanced technology, solid construction, and elegant finishes. Today, the boats are manufactured by Thunderbird Products in Decatur, Indiana, where the Porter family carries on the shipyard’s legacy with uncompromising quality control and a focus on detail.
The Formula 40 Performance Cruiser (40 PC) is one of the shipyard’s iconic cruiser models—a seamless combination of sporty performance and a comfortable cabin experience.
The boat is designed to deliver an engaging and stable sailing experience, with its deep V-hull cutting confidently through the waves, while both the cockpit and below deck offer plenty of comfort and practical layout for longer trips or weekends on the water.
With its large, social cockpit, well-thought-out layout, and spacious cabin, the 40 PC is an ideal boat for family use, coastal cruising, or longer weekend sailing trips with friends.
This well-maintained 2004 Formula 40 Performance Cruiser is stored in an indoor hangar and is ready for viewing.
Notable features and highlights include:
Comfort & Layout
- Separate forward cabin and aft cabin with curtains—comfortable and private sleeping areas
- Spacious salon with dining area
- Galley with refrigerator/freezer, stove, and microwave
- Toilet with separate shower stall
- Large and comfortable cockpit with lounge seating and wet bar
- Huge, height-adjustable swim platform with under-platform lighting and hot/cold shower
Technology & Performance
- 2 x Yanmar 6LY2A-STP diesel engines, 440 hk each, with approx. 950 operating hours
- Fixed propeller shaft
- Trim tabs
- Electric windlass with integrated anchor roller in the bow platform
- Eberspächer / Airtronic diesel heater
- Generator
- Recent Raymarine chartplotter
- Three solar panels
Updates & Replacements
- Cockpit seats partially reupholstered (2024)
- Water pump for pressurized water (2025)
- Battery and bow thruster propeller (2024)
- Engine coolant hoses (2024)
- Outboard motor (2025)
- Level gauge for holding tank (2025)
- Level alarm for gray water tank (2024)
- Various mooring equipment (2024–2025)
This boat presents an excellent opportunity for buyers seeking a rarely available American performance cruiser with diesel engines and a fixed propeller shaft—a combination that offers driving pleasure, stability, and reasonable operating costs.
The boat has been stored dry and protected in a hangar and is ready for this season’s sailing.
